Positive outlook for Marorka after management buyout

Following the buyout, Marorka’s management team acquired all the shares in Marorka and the German and Danish offices were closed. All intellectual property rights, brand names, contracts and technical know-how now belong to Marorka’s Iceland and Singapore entities.

“Our products help operators improve efficiency by reducing oil consumption, while at the same time improving their environmental profile by cutting emissions,” said new CEO of Marorka, Darri Gunnarsson.

“We look forward to helping existing and new customers find ways to improve their operations and reduce their environmental impact.”

Streamlining

Despite all the positivity, parting with the main shareholder has obviously affected Marorka in some ways. The company’s structure has been simplified and the management and administration setups have been streamlined.

Mr Gunnarsson said that several good colleagues have left the company, but a strong and experienced team remains to continue servicing customers as before.

Feedback has been very positive and customers have welcomed the changes.

Marorka’s new management team expects a very exciting period in the field of maritime energy efficiency. The company has been actively developing its solutions for several years and is pleased to see customers reaping the benefits.

The maritime sector is in many respects still dealing with the. Marorka said it will continue to provide a full range of products to address the challenge of realising the full potential of data-driven energy management.